LendingClub operates an online lending marketplace platform that connects borrowers and investors. Co.'s marketplace enables credit decisioning, pricing, servicing and support operations. Co.'s subsidiary, LC Trust I (the LC Trust), is an independent Delaware business trust that acquires loans from Co. and holds them for the sole benefit of certain investors that have purchased trust certificates issued by the LC Trust that are related to specific underlying loans for the benefit of the investor. Springstone Financial, LLC, is a wholly-owned subsidiary of Co. that facilitates education and patient finance loans originated by third-party issuing banks. The LC stock yearly return is shown above.
The yearly return on the LC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the LC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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